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GenaCL600 [577]
3 years ago
15

George invested $18,500 five years ago and unfortunately the investment has been losing 6% of its value each year. What is the c

urrent value of his investment? Round to the nearest cent.
Mathematics
2 answers:
Naddika [18.5K]3 years ago
5 0

Answer:

noice

Step-by-step explanation:

Ghella [55]3 years ago
4 0

Answer:

<em>$13,577.22</em>

Step-by-step explanation:

Multiply 18,500 by 0.94 for each year

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